Summertime real estate markets are like the weather, things get hotter. There are more homes on the market for sale and there are usually more buyers out looking for them. If you are in the market for a new home or are thinking about selling, there are some ideas that will help you in your endeavor.
During summer, homes that have street appeal with attractive landscaping and outdoor space are especially important aspects on which sellers should focus their efforts. Maximize the space by keeping the exterior clean, organized and inviting. Painting, pressure washing, lawn care and other regular maintenance tasks can do wonders for your bottom line.
Buyers, it can be easy to get swept away by a great fenced yard, deck and other exterior features, especially when you are house hunting at the peak of summer. Don’t let your visions of outdoor entertainment and relaxation distract you from other important home features or influence you into overlooking other aspects of the home.
Sellers, with more houses on the market it is important to know what you are up against. Being aware of other homes that are for sale in your neighborhood can help you identify your home’s own shortcomings and advantages. Your Realtor should give you a list of comparable properties in the area to see where you stack up and how you compare in price.
When a surge of homes comes on the market at the start of summer, buyers can easily be overwhelmed by all of the options. Don’t lose sight of the features that are most important to you, and try to set reasonable expectations that suit your budget, lifestyle and overall needs.
Most importantly, remember that even though summer is a prime time for buyers and sellers, don’t let the seasonal time frame become an added stress during your house hunt or home sale. Both buyers and sellers can find success throughout the year.
Ray Perry is the 2013 Realtor of the Year for Lake County and works for CPS Country Air Properties. He can be reached at 277-8000.
